Explain risk of business ownership

Assignment Help Business Management
Reference no: EM132966687

Entrepreneurship is risky business. Thousands of new businesses are started and thousands of others fail each year. Why would someone give up the security of working for others to assume the risk of business ownership? Find out by interviewing a small-business owner in your area, or a small-business owner that you know. Ask them the questions listed below. (Please list their answers in your initial post.)

-Did you ever work for someone else? If so, why did you stop?

-Why did you want to go into business for yourself?

-What expectations did you have when you started the business?

-Which of these expectations were fulfilled?

-Which expectations were not fulfilled?

-What advice do you have for an entrepreneur thinking of starting a new business today?

Reference no: EM132966687

Questions Cloud

What are isotopes : What are isotopes and how are isotopes distinguished from one another?
Describe the conditions necessary for young people : Describe the conditions necessary for young people to change and grow.
How does dss help managers make the right decisions : -How does DSS help managers make the right decisions? (They may not make the right decision. The word "help" is important. You may also change "right" to "corre
What is bureaucracy in sport industry : What is bureaucracy in sport industry? Also, What are the significant of bureaucracy tenets?
Explain risk of business ownership : Entrepreneurship is risky business. Thousands of new businesses are started and thousands of others fail each year. Why would someone give up the security of wo
Elaboration on definition of millennials : Question: Give a good explanation or elaboration on Definition of Millennials & perceived green products? Please support with journal reference from year 2016-2
Differences between extrinsic and intrinsic rewards : Discuss the differences between extrinsic and intrinsic rewards and provide examples.
Extrinsic and intrinsic rewards : Discuss the differences between extrinsic and intrinsic rewards and provide examples.
Discuss the risk malaysia : Economic was globally and profit taking in the local bourse may continue to weaken the ringgit in the coming month. Economics crisis arising form the pandemic p

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd